Date-stamp loading
Published date: 2 February 2018

The Single Resolution Board releases the non-confidential version of documents related to the resolution of Banco Popular

The Single Resolution Board (‘SRB’) has published an ‘extensive’ non-confidential version of the Resolution Decision, the Valuation Reports and the 2016 Resolution Plan. To make as much information publicly available as possible, the SRB has decided to publish additional documents relating to the resolution process.

On 28 November 2017, the SRB Appeal Panel confirmed that full disclosure of certain documents related to the resolution of Banco Popular would raise financial stability concerns. Taking into account the time that has elapsed since the resolution action and after careful consideration of potential financial stability concerns, following consultation of the relevant stakeholders, the SRB decided to disclose additional parts of the Resolution Decision, and parts of the Valuation Reports as well as of the 2016 Resolution Plan, which are considered to be of a non-confidential nature. In line with this approach, the SRB has released two additional documents related to the